Agenda-setting intelligence, analysis and advice for the global fashion community.
The American apparel retailer signed a licensing agreement with Italian eyewear maker De Rigo to make prescription frames and sunglasses that will be sold in select stores in North America and Brazil. The deal was brokered by agency IMG, which signed Gap Inc. as a licensing client in 2020 to enter new categories amid a challenging retail market.
The British musician will collaborate with the Swiss brand on a collection of training apparel, and will serve as the face of their first collection to be released in August.
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
